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    Nigerian Stock Market Reacts Cautiously to Strong Q3 Earnings Despite Impressive Profits

    Nigerian Stock Market Reacts Cautiously to Strong Q3 Earnings Despite Impressive Profits Despite record-breaking Q3 profits reported by many Nigerian companies, the stock market has seen little enthusiasm, with the NGX All-Share Index dropping by 0.68% between October 8 and November 7. Let’s...
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    NGX Trading Summary for Monday, November 11, 2024

    NGX Trading Summary for Monday, November 11, 2024 The Nigerian Stock Exchange (NGX) reported a significant amount of trading activity on Monday, November 11. Here’s a detailed breakdown: 1. Overall Market Performance: • Volume: 297.8 million shares were traded. • Deals: A total...
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    Nigerian Stock Exchange (NGX) Daily Market Summary – November 6, 2024

    Nigerian Stock Exchange (NGX) Daily Market Summary – November 6, 2024 1. Trading Activity Overview: • Total Shares Traded: 418.4 million shares exchanged hands. • Total Deals Executed: 9,021 transactions. • Total Market Value: The day’s trades amounted to NGN...
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    Nigerian Stock Exchange (NGX) Trading Summary for Thursday, October 31, 2024

    Nigerian Stock Exchange (NGX) Trading Summary for Thursday, October 31, 2024 Today’s trading session on the NGX saw significant market activity, with 532.89 million shares traded in 9,047 deals, representing a market value of NGN 8.84 billion. This volume indicates a slight 1% decline compared...
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    NGX Trading Summary for Tuesday, October 29, 2024

    NGX Trading Summary for Tuesday, October 29, 2024 On Tuesday, October 29, the Nigerian Stock Exchange (NGX) witnessed substantial trading activity. Here’s a breakdown of the day’s performance: 1. Overall Market Activity: • Shares Traded: 399.3 million shares across 9,547 transactions. •...
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    NGX Trading Summary for Monday, October 28, 2024

    NGX Trading Summary for Monday, October 28, 2024 Overall Market Activity • Total Volume: 353,182,995 shares • Total Deals: 9,417 • Total Market Value: NGN 4,552,121,766.03 • Market Capitalization: NGN 61.3 trillion Comparison with Previous Trading Day (Friday, October 25) • Volume...
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    NGX Trading Summary for Friday, October 25, 2024

    NGX Trading Summary for Friday, October 25, 2024 1. Overall Trading Data • Volume: 460.86 million shares were traded. • Deals: 8,772 transactions. • Market Value: NGN 9.53 billion. • Comparative Data: This reflects a 15% increase in volume, a 39% drop in turnover, and a 5% decrease in...
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    NGX Trading Summary for Thursday, October 24, 2024

    NGX Trading Summary for Thursday, October 24, 2024 Trading Activity: • Total Volume: 400.9 million shares were traded today, representing a 41% increase in volume compared to the previous trading day (Wednesday, October 23). • Total Deals: There were 9,211 transactions, marking a 16%...
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    NGX Trading Summary: Monday, October 21, 2024

    NGX Trading Summary: Monday, October 21, 2024 The Nigerian Stock Exchange (NGX) experienced an active trading session on Monday, October 21, 2024, marked by significant improvements in trading volume, turnover, and the number of deals compared to the previous trading day (Friday, October 18...
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    NGX TRADING SUMMARY FOR FRIDAY, OCTOBER 18, 2024

    NGX TRADING SUMMARY FOR FRIDAY, OCTOBER 18, 2024 On the last trading day of the week at the Nigerian Stock Exchange (NGX), there was significant activity, with a total of 358.85 million shares traded across 6,719 deals, amounting to a market value of NGN 11.96 billion. Performance Highlights...
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    NGX TRADING SUMMARY FOR THURSDAY, OCTOBER 17, 2024

    NGX TRADING SUMMARY FOR THURSDAY, OCTOBER 17, 2024 At the end of Thursday’s trading session on the Nigerian Stock Exchange (NGX), the market experienced notable activity: 1. Trading Volume & Value: Total Shares Traded: 239,308,707 shares across 7,318 deals. Market Value: NGN 6.41 billion...
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    CHAMPION BREWERIES PLANS PUBLIC SHARE OFFER AMID PROFIT DECLINE

    CHAMPION BREWERIES PLANS PUBLIC SHARE OFFER AMID PROFIT DECLINE Key Details: 1. Public Offering Announcement: Champion Breweries has revealed plans to open a public share offering to raise funds for its operations. This decision was shared during its "Fact Behind the Figures" presentation at...
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    NIGERIAN EXCHANGE RECORDS N3.48TN IN TRANSACTIONS OVER EIGHT MONTHS

    NIGERIAN EXCHANGE RECORDS N3.48TN IN TRANSACTIONS OVER EIGHT MONTHS Detailed Breakdown: 1. Total Market Transactions The Nigerian Exchange Limited (NGX) has reported total transactions worth N3.48tn year-to-date as of August 31, 2024. The data comes from NGX's Domestic and Foreign Portfolio...
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    NGX TRADING SUMMARY FOR TUESDAY:

    NGX TRADING SUMMARY FOR TUESDAY: 1. Market Performance: The Nigerian equities market had a positive trading day as the NGX All-Share Index (NGXASI) increased by 0.23%, bringing the Year-to-Date (YTD) returns to 28.55%. The All-Share Index closed at 97,685.64, compared to the previous close of...
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    MEETING NOTIFIER (UPDATED SEPT 17 | 9AM)

    *Meeting Notifier (Updated Sept 17 | 9am)* • Sept 17, VeritasKapital Assurance (AGM) at Plot 497 Abogo Largema Street, Off Constitutional Avenue, Abuja, FCT.....11am. Prop Div....Nil, CDR....Sept 11-15. Reg; *Unity* • Sept 18, Universal Insurance (AGM) at Grandeur Events Center, 17 Billings...
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    THE 1980 STOCK MARKET CRASH

    The Nigerian stock market, as we know it today, began its journey with the founding of the Lagos Stock Exchange in 1961, later renamed the Nigerian Stock Exchange (NSE). However, to trace significant historical events that have influenced the modern Nigerian stock market, let's focus on an...
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    INTRODUCTION OF THE CENTRAL SECURITIES CLEARING SYSTEM (CSCS) (1997): A SIGNIFICANT EVENT IN NIGERIAN STOCK MARKET HISTORY

    INTRODUCTION OF THE CENTRAL SECURITIES CLEARING SYSTEM (CSCS) (1997): A SIGNIFICANT EVENT IN NIGERIAN STOCK MARKET HISTORY EVENT OVERVIEW: - CSCS Launch: The Central Securities Clearing System (CSCS) was introduced in 1997 as a central clearinghouse for securities transactions on the Nigerian...
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    NGX TRADING SUMMARY FOR THURSDAY, AUGUST 1, 2024

    NGX TRADING SUMMARY FOR THURSDAY, AUGUST 1, 2024: Trading Overview: - Total Shares Traded: 565,116,303 - Total Deals: 6,821 - Market Value: NGN 8,530,916,819.09 Comparison with Previous Trading Day (July 31, 2024): - Volume Decline: 69% - Turnover Decline: 63% - Deals Decline: 37% Current...
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    NGX TRADING SUMMARY FOR TUESDAY, JULY 9, 2024

    NGX TRADING SUMMARY FOR TUESDAY, JULY 9, 2024 Overview: - Total Shares Traded: 304,144,072 shares - Total Deals: 8,256 - Total Market Value: NGN 4,997,534,480.61 - Market Capitalization: NGN 56.5 trillion Comparison with Previous Trading Day (Monday, July 8): - Volume: 56% decline - Turnover...
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    GTCO PLANS N400BN CAPITAL RAISE

    GTCO PLANS N400BN CAPITAL RAISE Guaranty Trust Bank Plc (GTCO) announced plans to raise N400.5 billion by issuing 9 billion shares at N44.5 per share. This move aims to support the bank's expansion and innovation strategies. The announcement was made by GTCO's Managing Director, Segun...